What feature in SAP Analytics Cloud allows the creation of different versions for comparison?

Version Management is the correct feature in SAP Analytics Cloud that enables users to create and manage different versions of data models for comparison. This functionality is essential for tracking changes over time, evaluating different scenarios, and performing what-if analyses. By allowing users to create multiple versions, businesses can easily analyze data from various periods, reflect on performance indicators, or assess the impact of potential decisions.

Each version can represent a different set of assumptions, outcomes, or business strategies, making it easier to visualize how changes in one area might affect overall performance. The capability to compare these versions side-by-side is crucial for data-driven decision-making and strategic planning.

Other functionalities, like Data Actions, Value Driver Trees, and Advanced Formulas, serve different purposes within SAP Analytics Cloud. Data Actions are primarily used to automate processes and calculations in the models. Value Driver Trees help to identify and visualize the relationships between different variables in your data for a comprehensive analysis. Advanced Formulas allow users to create complex calculations but do not inherently provide the structure for managing multiple versions of business data. Therefore, they do not fulfill the same role as Version Management when it comes to creating distinct versions for comparison.